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Both ministers highlighted the fact that the Railways would benefit from the merger, and the decision will boost the overall infrastructure sector.

Railways' special monsoon service Maharajas' Express

Maharajas' Express, flagship luxury train of IRCTC, will undertake southern sojourn.

5 May 2017 6:15 PM IST

Union Finance Minister Arun Jaitley during a conversations on C Peter Mc Colough Series on International Economics at Council on Foreign Relations in New York City. (Photo: PTI)

RBI given more powers to tackle NPAs: Arun Jaitley

President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.

5 May 2017 6:05 PM IST

Prime Minister Narendra Modi. (Photo: PTI)

Narendra Modi govt notifies new Banking Regulation Act

RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.

5 May 2017 5:53 PM IST

In an accelerated growth scenario, mining can generate an additional 6-8 million jobs

Rs 115 crore meant for infra projects in mining belt lying unused

As per the SC directives, mining firms have to contribute 30 per cent of royalty to a special fund created by the govt.

5 May 2017 5:50 PM IST

Lower interest rates and more funds with banks are positive signals for economic recovery when the uncertainty around the demonetisation impact fades. (Representational Image)

Bank credit demand seen rising 7-8 pc in FY18

Deposit growth is expected slow to 5-7 per cent in fiscal 2018 from 11.8 per cent.

5 May 2017 5:28 PM IST

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Tata Motors shares take hit as JLR retail sales goes down

The company's market valuation too dropped by Rs 4,835.55 crore to Rs 1,21,196.45 crore.

5 May 2017 5:20 PM IST

Bookings for the Redditch series will open on January 7, 2017 at all Royal Enfield stores across India,

Royal Enfield to invest Rs 800 crore during FY18

Royal Enfield sold 1,78,345 motorcycles, posting a growth of 20.8 per cent.

5 May 2017 5:16 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex takes 267 points hit, Nifty slips from record high

Sensex hit a low of 29,823.60 before settling at 29,858.80, down 267.41 points, or 0.89 per cent.

5 May 2017 4:54 PM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

ETFs see $2 billion inflows in Jan-March quarter

Foreign Portfolio Investors registered a robust net inflow of USD 6 billion during the quarter under review.

5 May 2017 4:46 PM IST

Sensex opened higher at 26,756.66.

HUDCO IPO to hit market on May 8; govt to raise over Rs 1,200 crore

HUDCO posted a net profit of Rs 496 crore over a total income of Rs 1,169 crore during April-December period of last...

5 May 2017 4:38 PM IST

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BHEL solar energy portfolio crosses 370 MW mark

Out of 370 MW, 170 MW of BHEL-supplied ground-mounted and 2,290 KW of rooftop power plants are already under operation.

5 May 2017 4:13 PM IST

Telecom Regulatory Authority of India

Trai to roll out new app to rate call quality

On the issue of penalty recommended for incumbent telcos, Trai will send its response to DoT by the end of next week.

5 May 2017 3:54 PM IST